PGA Level 1 Facility Management Questions and Answers Graded A+

PGA Business Planning Model The process for developing a business plan starts before you established the goals you would like to achieve for the shop's coming year, True Staff should be involved in effective business planning to create a sense of ownership. True, Majors stakeholders and staff. Assessing the current state of business is the most significant advantage of strategic business planning. False. Most significant advantage is it provides a long term vision. Who should provide direction for creating the business plan at a golf operation? The people in charge. Pros, board members, and GM. Key stakeholders. What are the five phases of the PGA Business planning model? Define the business Assess the current state of the business. Develop business goals, objectives, and related strategics. Prepare financial forecasts and budgets. Monitor performance According to the business planning model, a business plan should build on and refine the operational plan. False